This lesson is an introduction to the Rule 506(b) and 506(c) exemptions in Regulation D. Each of these exemptions exempts offerings from the registration requirements of the Securities Act of 1933. Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
Read moreThis is one of two lessons on section 11 of the Securities Act of 1933, which imposes liability for false or misleading registration statements.
Read moreThis lesson is an introduction to Rule 504 of Regulation D, an exemption from the registration requirement of the Securities Act of 1933. Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
Read moreThis lesson is the first part of a two-part introduction to the federal crowdfunding exemption from the registration requirement of the Securities Act of 1933. Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
Read moreThis lesson is one of two lessons on section 11 of the Securities Act of 1933, which imposes liability for false or misleading registration statements.
Read moreThis is an introduction to Securities Act Rules 164 and 433 and the requirements for free-writing prospectuses under Rule 433.
Read moreThis lesson discusses sections 16(a) and 16(b) of the Securities Exchange Act of 1934. It begins with a discussion of the section 16(a) reporting requirement: who must file, what they must file, and when. It then proceeds with an element-by-element discussion of liability under section 16(b) for short-swing trading profits, including a brief introduction to the complexities introduced by derivative securities. It concludes with a discussion of enforcement issues: standing, limitations, and the right to attorneys' fees.
Read moreThis lesson teaches the Capital Asset Pricing Model. It begins by discussing risk and its control by diversification, and how betas measure the risk of diversified portfolios. The lesson is designed to guide the student through the CAPM in detail as part of a Corporate Finance or Mergers & Acquisitions course. In courses that do not cover the CAPM in detail, such as Business Association courses or Securities Regulation, this lesson can be used as further study or for skimming.
Read moreThis is the second and final of a series of lessons about the registration process of section 5 of the Securities Act of 1933.
Read moreThis lesson examines the Supreme Court's decision in SEC v. Howey Co. defining the term "investment contract," and the subsequent evolution of that definition.
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